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American Electric Power: Analysts’ Recommendations

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Oct. 19 2018, Updated 6:32 a.m. ET

Analysts’ recommendations

As of October 17, Reuters compiled data from 19 analysts tracking American Electric Power Company (AEP) stock. Five analysts recommended a “strong buy,” nine recommended a “buy,” and five recommended a “hold.” None of the analysts recommended a “sell.”

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Target price

On October 17, American Electric Power Company closed at $71.72. The mean target price for the stock in the next year is $74.6—an upside of 4% from the current level. On October 9, J.P. Morgan raised its target price on American Electric Power by $3 to $76.

Peers’ recommendations

AES (AES) has already moved 5.2% above its mean target price for the next 12 months based on analysts’ recommendations.

Entergy (ETR), Xcel Energy (XEL), and Duke Energy (DUK) could have upside potentials of 6.3%, 2.4%, and 5.2%, respectively, in the next 12 months.

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